diff --git a/cmd/erasure-server-pool-rebalance.go b/cmd/erasure-server-pool-rebalance.go
index 5f4c80333..d13456b48 100644
--- a/cmd/erasure-server-pool-rebalance.go
+++ b/cmd/erasure-server-pool-rebalance.go
@@ -706,7 +706,13 @@ func (z *erasureServerPools) rebalanceBucket(ctx context.Context, bucket string,
 						continue
 					}
 
-					if err = z.rebalanceObject(ctx, bucket, gr); err != nil {
+					if err = z.rebalanceObject(ctx, poolIdx, bucket, gr); err != nil {
+						// This can happen when rebalance stop races with ongoing rebalance workers.
+						// These rebalance failures can be ignored.
+						if isDataMovementOverWriteErr(err) {
+							ignore = true
+							continue
+						}
 						failure = true
 						rebalanceLogIf(ctx, err)
 						stopFn(version.Size, err)
@@ -822,7 +828,7 @@ func auditLogRebalance(ctx context.Context, apiName, bucket, object, versionID s
 	})
 }
 
-func (z *erasureServerPools) rebalanceObject(ctx context.Context, bucket string, gr *GetObjectReader) (err error) {
+func (z *erasureServerPools) rebalanceObject(ctx context.Context, poolIdx int, bucket string, gr *GetObjectReader) (err error) {
 	oi := gr.ObjInfo
 
 	defer func() {
@@ -837,9 +843,11 @@ func (z *erasureServerPools) rebalanceObject(ctx context.Context, bucket string,
 
 	if oi.isMultipart() {
 		res, err := z.NewMultipartUpload(ctx, bucket, oi.Name, ObjectOptions{
-			VersionID:   oi.VersionID,
-			UserDefined: oi.UserDefined,
-			NoAuditLog:  true,
+			VersionID:    oi.VersionID,
+			UserDefined:  oi.UserDefined,
+			NoAuditLog:   true,
+			DataMovement: true,
+			SrcPoolIdx:   poolIdx,
 		})
 		if err != nil {
 			return fmt.Errorf("rebalanceObject: NewMultipartUpload() %w", err)
@@ -891,6 +899,7 @@ func (z *erasureServerPools) rebalanceObject(ctx context.Context, bucket string,
 		oi.Name,
 		NewPutObjReader(hr),
 		ObjectOptions{
+			SrcPoolIdx:   poolIdx,
 			DataMovement: true,
 			VersionID:    oi.VersionID,
 			MTime:        oi.ModTime,
@@ -981,6 +990,8 @@ const (
 	rebalanceMetricSaveMetadata
 )
 
+var errDataMovementSrcDstPoolSame = errors.New("source and destination pool are the same")
+
 func rebalanceTrace(r rebalanceMetric, poolIdx int, startTime time.Time, duration time.Duration, err error, path string, sz int64) madmin.TraceInfo {
 	var errStr string
 	if err != nil {
diff --git a/cmd/erasure-server-pool.go b/cmd/erasure-server-pool.go
index abf1ff602..cf41b128d 100644
--- a/cmd/erasure-server-pool.go
+++ b/cmd/erasure-server-pool.go
@@ -1087,6 +1087,14 @@ func (z *erasureServerPools) PutObject(ctx context.Context, bucket string, objec
 		return ObjectInfo{}, err
 	}
 
+	if opts.DataMovement && idx == opts.SrcPoolIdx {
+		return ObjectInfo{}, DataMovementOverwriteErr{
+			Bucket:    bucket,
+			Object:    object,
+			VersionID: opts.VersionID,
+			Err:       errDataMovementSrcDstPoolSame,
+		}
+	}
 	// Overwrite the object at the right pool
 	return z.serverPools[idx].PutObject(ctx, bucket, object, data, opts)
 }
@@ -1752,6 +1760,15 @@ func (z *erasureServerPools) NewMultipartUpload(ctx context.Context, bucket, obj
 		return nil, err
 	}
 
+	if opts.DataMovement && idx == opts.SrcPoolIdx {
+		return nil, DataMovementOverwriteErr{
+			Bucket:    bucket,
+			Object:    object,
+			VersionID: opts.VersionID,
+			Err:       errDataMovementSrcDstPoolSame,
+		}
+	}
+
 	return z.serverPools[idx].NewMultipartUpload(ctx, bucket, object, opts)
 }
 
diff --git a/cmd/object-api-errors.go b/cmd/object-api-errors.go
index 62806ff31..ef3723938 100644
--- a/cmd/object-api-errors.go
+++ b/cmd/object-api-errors.go
@@ -788,3 +788,20 @@ func isReplicationPermissionCheck(err error) bool {
 	_, ok := err.(ReplicationPermissionCheck)
 	return ok
 }
+
+// DataMovementOverwriteErr - captures the error when a data movement activity
+// like rebalance incorrectly tries to overwrite an object.
+type DataMovementOverwriteErr GenericError
+
+func (de DataMovementOverwriteErr) Error() string {
+	objInfoStr := fmt.Sprintf("bucket=%s object=%s", de.Bucket, de.Object)
+	if de.VersionID != "" {
+		objInfoStr = fmt.Sprintf("%s version-id=%s", objInfoStr, de.VersionID)
+	}
+	return fmt.Sprintf("invalid data movement operation, source and destination pool are the same for %s", objInfoStr)
+}
+
+func isDataMovementOverWriteErr(err error) bool {
+	var de DataMovementOverwriteErr
+	return errors.As(err, &de)
+}
diff --git a/cmd/object-api-interface.go b/cmd/object-api-interface.go
index b9c55210a..f52bddd14 100644
--- a/cmd/object-api-interface.go
+++ b/cmd/object-api-interface.go
@@ -113,6 +113,8 @@ type ObjectOptions struct {
 	// participating in a rebalance operation. Typically set for 'write' operations.
 	SkipRebalancing bool
 
+	SrcPoolIdx int // set by PutObject/CompleteMultipart operations due to rebalance; used to prevent rebalance src, dst pools to be the same
+
 	DataMovement bool // indicates an going decommisionning or rebalacing
 
 	PrefixEnabledFn func(prefix string) bool // function which returns true if versioning is enabled on prefix